HomeMy WebLinkAbout21-031CITY OF LAKEVILLE
RESOLUTION NO. 21-31
RESOLUTION AUTHORIZING FUNDING FOR 2021 MISCELLANEOUS ROADWAY REPAIRS
AND OVERLAYS, CITY PROJECT 21-01
WHEREAS, 2021 Miscellaneous Roadway Repairs and Overlays, City Project 21-01, is
programmed in the adopted Lakeville 5 -year Capital Improvement Plan (2021-2025).
NOW, THEREFORE, BE IT RESOLVED The estimated total project cost is $1,409,505.30 and
anticipated funding sources are listed below. City staff is hereby authorized to amend the 2021
budgets and make the appropriate transfers between funds with respect to the project funding
sources up to 10% above the estimated costs. Funding transfers may include loans between funds
to cover engineering and other costs incurred on the project in advance of receiving other
funding.
Pavement Management- $1,008,147.22
Water Operating Fund- $22,957.45
Sanitary Sewer Operating Fund- $7,783.30
Trail Improvement Fund- $370,617.34
ADOPTED by the Lakeville City Council this 5th day of April 2021
CITY OF LAKEVILLE
Douglas P. Anderson, Mayor
A
Charlene Friedges, City